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GlobalData
GlobalData

Consumer

Growing preference for plant-based diets in Malaysia fuels dairy-free innovations, says GlobalData

There is a multitude of reasons why consumers opt for plant-based food and drinks, including dietary restrictions like allergies, adherence to vegan or vegetarian diets, or health considerations, which are pivotal to product innovations, given the positive perception of dairy-free alternatives. As a result, dairy-free innovations are on the rise in Malaysia, says GlobalData, a […]
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Cocktail culture can draw benefits, but faces challenges from Gen Z, says GlobalData

The ongoing rise in popularity of cocktails, in traditional hand-mixed as well as ready-to-drink forms, is benefitting from the emergence of Generation Z into the alcohol market. However, cocktail culture risks stagnation if overly fixated on nostalgic themes. Gen Z’s inclination towards quality over quantity, demanding innovation and relevance in their drinking experiences, is shaping […]
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Adaptogens on cusp of becoming mainstream ingredients, says GlobalData

Since the onset of the COVID-19 pandemic, functional drinks have been gaining momentum, with nootropics, immunomodulators, and botanics becoming household terms. Adaptogens, which claim to address rising concerns of stress, anxiety, and balance restoration, have been gaining ground rapidly. In addition, these ingredients help address the challenge of providing consumers with value for money by […]
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“Best of British” messaging grows in popularity as Co-op and Waitrose become latest retailers to launch dedicated website sections, says GlobalData

Co-op and Waitrose join Aldi, Sainsbury’s, Morrisons, and Ocado with dedicated “Best of British” sections on their websites as over half of consumers say they will buy groceries online over the next three months In a bid to cater to a growing consumer preference for locally sourced products, especially in poultry and meats, the Co-op […]
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Plant-based dairy substitutes demand surges as lactose intolerance rises in India, says GlobalData

Amidst growing concerns over lactose intolerance and dairy allergies, India is witnessing a surge in demand for plant-based dairy substitutes. Despite challenges like low consumer awareness and higher costs, the country’s affluent middle class and environmentally conscious younger demographics are driving the adoption of plant-based food and beverages. This trend is poised to propel the […]
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UK companies embrace paper bottle packaging for alcoholic beverages, says GlobalData

The trend of alcoholic beverage companies in the UK replacing glass packaging with bottles made of paper has picked up pace. Recently, Aldi, a prominent retailer, introduced wine in bottles made using 94% recycled paperboard, containing a food-grade pouch. The retailer’s initiative follows Absolut Vodka’s decision to commercialize single-mold paper bottles in June 2023. Sustainability, […]
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J-beauty companies eye India market set for 5-6% value CAGR between 2022-2027, says GlobalData

Indian consumers are increasingly drawn to the innovative beauty trends originating from East Asian nations, with Japanese beauty (J-beauty) standing out prominently. The surge in popularity is attributed to the focus on natural ingredients. Japanese health and beauty companies are strategically targeting the Indian market to leverage this trend. With India’s health and beauty industry […]
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AP Tech’s 2’-FL approval could potentially diversify infant formula product offerings, says GlobalData

Food Standards Australia New Zealand (FSANZ) initiated a public consultation regarding the potential inclusion of 2’-fucosyllactose (2’-FL) produced by Advanced Protein Technologies (AP Tech) in infant formulas. 2’-FL, a sugar found in breast milk, is claimed to offer health benefits to infants. The consultation was aimed at evaluating the safety and viability of utilizing 2’-FL […]
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Functional fragrances gain traction in Indonesia amidst rising mental health awareness, finds GlobalData

Indonesia is witnessing a notable shift towards functional fragrances as consumer preferences evolve. These fragrances, marketed for their mood-enhancing and wellness properties, are gaining traction amidst growing awareness about mental health and increased stress levels. With an emphasis on overall well-being, fragrance manufacturers are introducing innovative variants, such as Kahf’s Revered Oud and The Body […]
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Singapore’s new guidelines for infant formula could heighten compliance demands for businesses, says GlobalData

The Singapore Food Agency (SFA) proposes to update the current set of guidelines for food regulations, particularly for infant nutrition additives. The proposed amendments, which include age-appropriate food selection, food service practices, nutrition care policy, menu-planning, and food preparation and portioning for infants, are aimed at enhancing the safety and quality of infant formula products […]
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Brands need to combat health-related misinformation on social media, says GlobalData

Social media affords brands a plethora of advantages, from building brand awareness and more effectively engaging with consumers to gaining valuable real-time insights into consumer sentiment, which allows them to better understand their target audience. However, the ease with which false or misleading information can be shared without vetting, fact-checking, or accountability has made social […]
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Consumer pursuit of food & drinks that improve mental health influence ingredient innovations, says GlobalData

Consumers today lead more demanding lifestyles that drain their energy levels,  fueling the need to relax and rejuvenate. As a result, they are proactive in seeking products that can support mental wellbeing. Brands are, therefore, working to develop ingredients that can ease stress and improve mental health, says  GlobalData, a leading data and analytics company. […]
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